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Message: Re: Gold bull is dead, long live the bear!

the trick is speculating when the trend breaks not in recognising it after it has broken.

Why speculate?, the trend is your friend ... until it isn't. you can be wrong only once if you follow the trend ;)

btw, the 40 week MA is common indicator used by traders ... the big dip last week in the wee hours of the morning bounced off the 40 week MA.

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